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Shreeji Shipping Global Limited IPO

Shreeji Shipping Global Limited IPO

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Listed Price: ₹ 271.85 (+7.88%)

Shreeji Shipping Global Limited's completed its IPO journey with a successful listing on NSE, BSE on 26-08-2025. The public offering mobilized 1,62,98,000 Shares in total capital, comprising 1,62,98,000 Shares in fresh equity.

The offering was conducted within the price band of ₹240 to ₹252, with minimum application lots of 58 shares. Investor participation during the 19-08-2025 to 21-08-2025 subscription window determined the final allocation pattern.

The basis of allotment was announced on 22-08-2025, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Shreeji Shipping IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shreeji Shipping IPO Key Performance Indicator
Company Financials ( In Crores )

Shreeji Shipping IPO About Company

Established in 1995, the company is engaged in providing shipping and logistics services with a specialization in dry-bulk cargo. Its operations are primarily concentrated along the west coast of India and in Sri Lanka, catering to over 20 ports including Kandla, Navlakhi, Magdalla, Bhavnagar, and Puttalam. The company’s core services include cargo handling such as lightering (ship-to-ship transfer), stevedoring, and cargo management. It also offers transportation services, managing port-to-premise logistics and vice versa for dry bulk cargo. Additionally, it provides fleet chartering and rentals, offering vessels, tugboats, floating cranes, and earthmoving machinery on a charter basis. The company also earns other income from the sale of scrap and various operational services. As of September 2024, it owns a fleet of over 75 vessels, including barges, mini bulk carriers (MBCs), tugboats, and floating cranes, along with more than 380 earthmoving machines such as excavators, payloaders, and trailers. The workforce comprises over 1,000 employees.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Shreeji Shipping IPO Strength Factors

  1. Robust Asset Portfolio: As of March 31, 2025, the company possesses a fleet of 80+ vessels and over 370 earthmoving machines, supporting seamless dry bulk cargo operations throughout India and Sri Lanka.
  2. Proven Cargo Handling Experience: Backed by over 30 years in the industry, the company delivers comprehensive services including STS lightering, stevedoring, and cargo management, handling more than 15.7 MMT of cargo during Fiscal 2025.
  3. Self-Sufficient Operational Infrastructure: The company operates its own fleet of barges, MBCs, tugs, cranes, and logistics equipment, maintained by a skilled in-house team of 94 technical personnel dedicated to regular upkeep and repairs.

Shreeji Shipping IPO Risk Factors

  1. High Sector Concentration: More than 50% of the company’s revenue is derived from clients in the Oil & Gas, Energy, and Coal sectors, making it vulnerable to industry-specific downturns that could affect business volume and customer retention.
  2. Revenue Concentration in Cargo Handling: A significant share of earnings comes from cargo handling activities. Any challenges in sustaining profit margins in this segment could negatively impact overall financial performance.
  3. Intense Market Competition: The company operates in a highly competitive environment, facing strong rivalry from both domestic and global logistics providers, which may result in reduced market share and hinder long-term profitability and growth.

Shreeji Shipping IPO Lead Manager(s)

  • Beeline Capital Advisors Private Limited
  • Elara Capital (India) Private Limited

Shreeji Shipping IPO Promoter(s)

  1. Ashokkumar Haridas Laland
  2. Jitendra Haridas Lal

Shreeji Shipping IPO Company Details

Shreeji Shipping Global Limited
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address:

Shreeji Shipping IPO Registrar

Bigshare Services Pvt Ltd
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Shreeji Shipping IPO FAQs